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To: WWS who wrote (71375)	8/22/2000 3:24:42 PM
From: upanddown	Respond to of 95453

WWS Bull's posting helped but that KEG honcho tends to be VERY optimistic. It was this doggie-gram that made me add to my position. Message 14237450 John

To: WWS who wrote (71375)	8/22/2000 3:33:40 PM
From: ItsAllCyclical	Respond to of 95453

Based on the last couple posts KEG is a $30+ stock in 2002. Between your last post, >> The company has assets in place to generate revenues of $1 billion annually and achieve EBITDA (earnings before income taxes, depreciation and amortization) of at least $300 million << and Big Dog's post (Dain's recent comments) >> Our $15.50 price target is based on a 12x enterprise/EBITDA multiple for calendar 2001 results. << I'd say that KEG could peak around $30+ in 2002. Not bad appreciation from these levels. At 12x 300 mil you have roughly a 3.6 billion market cap for KEG. Current market cap including the extra shares is right around 1 bil. So 3.6 x 10 = $36 if you consider peak earnings and Dain's recent peer multiplier. If I were overweighted in KEG I could see trimming a little on this run to 11-12 to get a normal weighting, but it's just broken it's recent downtrend on heavy volume. MACD has turned positive. It's above it's recent 50 and 200 dmas. Next quarter will likely be the first in some time with positive earnings. It's been consolidating for over 6 months. Any break above 12 will send it rapidly to 15+ imho. What's not to like? It's far more of a buy than a sell at these levels.